Subject: File No. S7-08-20
From: Louie Reformina
Affiliation: Public Company Executive

August 18, 2020

As a public small cap company, this will be detrimental to our visibility of our shareholders as most of our shareholders will likely fall below the new proposed reporting threshold. This will make it hard for us to identify and target shareholders going forward and make it harder for us to manage allocating senior management time with our investors.